Micropayment is an electronic transaction consisting in an average amount of money transfer through a SMS tool. For micropayment system we use premium SMS service. Examples of applications using micropayment:
- Sites subscriptions (access codes);
- Products purchase (shirts, CDs, software, etc.)
- Newspapers/Magazines subscriptions, etc.
- Obtaining credit for online games
- Payment for online advertising space or any other media channels
Micropayment have the advantage of offering the customer a convenient way to benefit of some programs that are not free, but with low transaction by using the mobile phone without getting to a bank office or to a point of products purchase.
Micropayment system allows you to offer different products or services, which requires a payment consisting in an average amount of money, their value being collected by SMS. Implementing this type of application requires programming skills and the existence of a SMS aggregator in accordance with local rules and regulations, and Syscom Digital is an ideal partner for this solution.